| answer text |
<p>The table below shows the UK contributions to the World Bank (specifically to IBRD,
the non-concessional lending arm of the World Bank) in paid in capital and callable
capital in each of the last five years.</p><p> </p><p>Please note that the UK did
not pay in additional capital to IBRD or contribute additional callable capital in
2010. Additional contributions to multilateral development bank’s capital are infrequent
and only happen through General or Selective Capital Increases (known as GCIs and
SCIs). The most recent of these for IBRD became effective in 2011.</p><p> </p><p>The
paid in amount is fixed in US dollar terms. As such the Sterling amount varies slightly
each year depending on the exchange rate. The callable element increases on a pro-rata
basis as each paid in contribution is made and is reported in US Dollars in IBRD’s
accounts.</p><p> </p><table><tbody><tr><td> </td><td><p><strong>Paid- in capital -
Sterling paid equivalent </strong><strong>to US $31,114,059</strong></p><p><strong>
(paid in December of each stated year)</strong></p></td><td><p><strong>Callable capital
(as stated in IBRD audited </strong><strong>accounts at June 30th of following year)</strong></p></td></tr><tr><td><p><strong>2010</strong></p></td><td><p>n/a</p></td><td><p>$7,832.2m</p></td></tr><tr><td><p><strong>2011</strong></p></td><td><p><br>
£19,957,703</p></td><td><p>$8,319.6m</p></td></tr><tr><td><p><strong>2012</strong></p></td><td><p>£19,451,149</p></td><td><p>$8,807.1m</p></td></tr><tr><td><p><strong>2013</strong></p></td><td><p>£19,047,480</p></td><td><p>$9,294.4m</p></td></tr><tr><td><p><strong>2014</strong></p></td><td><p>£19,915,547</p></td><td><p>$9,781.9m</p></td></tr></tbody></table><p>
</p><p> </p>
|
|
